When companies give bonus based on meeting a target, employees try to lower the target requirements rather than focus on growing the company.
When parents give candy to their children based on how much they write, children figure out how to write fast without grasping the essence of the writing.
People look for ways that work for their best interest whenever they are incentivized.
Fait accompli is a deed that has already been established and therefore becomes difficult to abolish....
“I’ll be happy after hitting that $1 million mark” “I’ll be happy after getting promoted.” “I’ll...
Being pettily calculative is a good economic principle. Won’t pay the extra ten cents even if...
We idolize our historical inventors as the heroes of the world’s innovation. We thought there would...